Property investment company Aspen Group has announced a senior management and board shake-up, while seeking to gain more value from its Western Australian assets.
An independent expert's report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.
Aspen Group has taken the last step in its transformation into a specialist accommodation parks manager, announcing a merger proposal with its Aspen Parks Property Fund, which was previously a separate entity.
Aspen Group says it is planning to sell out of its residential and commercial development divisions as a result of an ongoing review of operations, while also unveiling a $101.4 million capital rai
Entrust Funds Management has called on Aspen Group to shed more light on its position in relation to a series of recommendations the group put to its shareholders earlier this week.
